Finance
Venom Announces Deepcoin Spot & Futures Listings
Global Banking & Finance Review®
Company
Singapore, Singapore, July 17th, 2024, Chainwire
Venom Foundation is pleased to announce the listing of its native token, $VENOM, on Deepcoin Spot and Perpetual Futures markets. This development marks the next step in Venom’s global expansion strategy, particularly with Deepcoin’s strong presence in Asia.
Deepcoin’s Market Position
Deepcoin is ranked among the Top 10 derivatives exchanges by CoinGecko. The exchange supports over 10 million users globally and records a daily trading volume of approximately $10 billion, encompassing both spot and derivatives markets.
Strategic Importance
The listing represents another step in Venom Foundation’s strategic plan to expand its global footprint and enhance its market presence. By securing a spot on Deepcoin, Venom is not only increasing its accessibility but also strategically positioning itself within a leading exchange renowned for its strong presence in the Asian market.
Continued Growth
This marks Venom’s third listing in recent weeks, showcasing growing global adoption and increasing interest from centralized exchanges. With these recent listings, Venom is now accessible to an additional 40 million more users worldwide. This increased visibility and accessibility are important milestones for Venom, contributing to broader awareness and further establishing Venom’s presence in the global market.
Leadership Perspectives
“Listing on Deepcoin is a strategic advancement in our global expansion efforts,” stated Christopher Louis Tsu, CEO of Venom Foundation. Securing approval for Perpetual Futures trading on Deepcoin reflects our commitment to offering a diversified trading experience for users, enhancing awareness and providing additional opportunities for our expanding community.
Deepcoin’s Statement
“We warmly welcome Venom getting listed on Deepcoin and look forward to seeing our users benefit from this new opportunity,” said Ego Huang, Founder and CEO of Deepcoin, “The listing of Venom aligns perfectly with our mission to provide our users with access to the most innovative and promising crypto assets in the market. Venom’s unique features and strong community support make it a valuable asset for our platform. At Deepcoin, we will continuously expand our offerings and enhance the trading experience for our global user base.”
About Venom Foundation
Venom is a cutting-edge layer-0 and layer-1 network, seamlessly integrating with other independent networks through innovative Mesh technology. Anchored by a masterchain for overall state and consensus management, Venom supports unlimited autonomous workchains for user accounts, smart contracts, and dApps. Mesh technology optimizes inter-chain communication, ensuring speed and scalability. With rapid finality, comprehensive security, stability, and user-friendly interfaces, Venom is ideal for hosting CBDCs and large-scale platforms.
For more information, users can visit https://venom.foundation
Venom Foundation
media@venom.network
A cryptocurrency is a digital or virtual currency that uses cryptography for security. It operates on a technology called blockchain, which ensures transparency and prevents fraud.
Blockchain technology is a decentralized digital ledger that records transactions across many computers. It ensures that the recorded transactions cannot be altered retroactively, providing security and transparency.
Digital assets are any items of value that exist in a digital format. This includes cryptocurrencies, digital tokens, and other forms of digital currency that can be traded or invested in.
A trading platform is software that allows investors to buy and sell financial securities, such as stocks, bonds, and cryptocurrencies. It provides tools for analysis and execution of trades.
A futures market is a financial exchange where people can trade standardized contracts to buy or sell assets at a predetermined future date and price.
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